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Europe.Table Feature Emissions trading

Reform of the Emissions Trading System: The impact of potential adjustments

There is growing debate over possible adjustments and reforms to the European emissions trading framework. A clear-cut solution is not yet in sight. While experts acknowledge the need for changes, they caution that modifications could have repercussions for climate targets and undermine earlier investment decisions.

Lukas Knigge
19. February 2026
German Chancellor Friedrich Merz on stage at the European Industry Summit in Antwerp in 2026.
At the European Industry Summit in Antwerp, German Chancellor Friedrich Merz called for the EU Emissions Trading System to be revised. (IMAGO / dts Nachrichtenagentur)

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Last updated: 19. February 2026

Emissions trading ETS ETS 2 CBAM Reducing bureaucracy